M lent out Rs 32000 to N at compound interest at the rate of 15% per annum for 2 years, interest being compounded annually. N lent out the same amount at simple interest to O at 20% per annum for 2 years. What will be the loss or profit of N at the end of 2 years?
1
Rs 2520
2
Rs 2110
3
Rs 2480
4
Rs 1690